In this episode I am talking with Philip Agyei Asare from Ghana. He is the Co-founder and CEO of BTC Ghana and the Blockchain Foundation Africa. Philip hosted the first Bitcoin conference in Ghana in 2014. We are talking about Bitcoin adoption, about the fact that Chinese people in Ghana prefer to send Bitcoin home and why he believes that Africa is the future of bitcoin.

“Most people in Ghana use bitcoin as a form of payment.” – Philip Agyei Asare

Topics

Philip’s Bitcoin story
Why Bitcoin is especially important for Africa
Main characteristics of Ghana
Economical situation
Effects of Covid-19
Bitcoin use-cases in Ghana
Chinese population using Bitcoin

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This time I am talking about Bitcoin in South Africa with Grey Jabesi the founder of Crypto University and the Hardc0re Crypt0 YouTube channel. In the first segment, you will hear a message from Miss Aurra. She is talking about the result of our call for bitcoin donations at St. Anne’s school in Harare. The school had to be closed down due to the corona pandemic and a lack of funding.
Topics:

Importance of Bitcoin
Why is Bitcoin especially important for Africa?
Characteristics of South Africa
Financial inequality
Economical situation
Effects of Covid-19
Bitcoin use-cases in South Africa

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Hello dear listener,
this is Anita here and I have a short notice, regarding the interview you wanted to listen to with Fode Diop. I deleted this episode because I lost my trust in Mr. Diop in recent months. If I had known what I know today, I wouldn’t have invited him on my show. It is not for me to disclose the reasons for my action.
Thank you, for your understanding.

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Today’s episode is the start of a new series about Bitcoin in Africa. I have been traveling to Zimbabwe and Botswana in February 2020 to find out if and how Bitcoin is known and used there. When I left the African continent at the beginning of March it was unclear how the pandemic is going to change the economical situation of countries that were already in a deep crisis like Zimbabwe or Nigeria and how it would affect the adoption of bitcoin in Subsaharan countries. With the upcoming episodes I want to give you insights into African nations such as Senegal, Kenya, Ghana and South Africa. This episodes topic is Zimbabwe. My guest is Miss Aurra. She is a digipreneur and the principal of St. Anne’s school in the country’s capital Harare.

Current situation in Zimbabwe
Monetary repercussions
Governments ban of EcoCash
Shortages of basic supply goods
Corruption and mismanagement
Zimbabwean Lives Matter movement
Coronavirus situation
School shut down and distance learning
Her first experience using bitcoin
Getting into trouble for using Bitcoin
How Zimbabweans use bitcoin

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Todays guest is Gloria Zhao, she is a Bitcoin Core developer, former president of “Blockchain at Berkeley” and will finish her Computer Science studies at the end of 2020. We discuss how Bitcoin and blockchain technologies are seen by her fellow college students, why she chose to work on Bitcoin only instead of all the other Silicon Valley stuff and blockchain projects that are around.

“Privacy and censorship resistance should be the default. We can’t keep measuring technologies or applications based on how convenient they are or how cheap they are.
We need to start thinking about how private they are.” – Gloria Zhao

Topics:

Career expectations for college students in Silicon Valley
Blockchain education at the college
Why Bitcoin, not blockchain
How she escaped the mindset of Silicon Valley
How to become a Bitcoin Core developer
Her Chinese roots
Why privacy is so important in the digital era

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Elyse Petersen is a food scientist and the founder of Tealet, a wholesale tea supply chain network. Tealet’s business model is based on cutting out unnecessary middlemen between tea growers and buyers, same like in Bitcoin. Since 2013 Tealet is using Bitcoin for payments, which eliminates the inefficiencies of global financial systems and saves a lot of transaction costs. Tealet was one of the first companies worldwide to use Bitcoin.
Topics:

History of tea as an international commodity
Traditional tea supply chain absorbs 85% of the growers profit

Tea Horse Road


Tea as currency

Venture capital demands growth
Taking investment in Bitcoin
Bitcoin Black Friday
Bitcoin payments in India
Microfinancing with Bitcoin
What Elyse learned from Bitcoin

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Zachary Kelman is a New York-based attorney specializing in political, legal, and regulatory issues in and around Bitcoin, crypto and blockchain technology. Prior to this he was working in banking, monitoring international money transactions, looking for suspicious activities. Coming out of this environment he was introduced to Bitcoin by his brother Daniel Kelman, who was the architect of the civil rehabilitation plan for Mt. Gox creditors and Zachary afterwards left banking for crypto projects in the Caribbean and Southeast Asia.
Topics:

The correspondent banking system
How all worldwide transactions are monitored
The history of the US centered global financial system
What happened in 1971
The consequences for “high-risk” countries and their citizens
Patriot Act and money laundering
How different countries try to regulate Bitcoin
A worldwide ban of Bitcoin
Iran, China and Venezuela mining Bitcoin
His personal privacy tactics
Lawyers and their cryptocurrency understanding
Change will come

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Nic Carter is a Bitcoiner with a financial and philosophical background. I wanted to have him on the show for a long time. He is thoughtful and interesting to talk to as you will hear. We touch on some of his favourite topics like Bitcoin metaphysics, crypto-dollarization, historical references to free banking and the future of privacy and surveillance in the digital era.

“Bitcoin is no one’s liability. There’s no one that guarantees the value of that Bitcoin. People say that’s a weakness. That’s actually a strength. That means there’s no situation where the backer of that Bitcoin could withdraw their backing. The backing of Bitcoin comes from the fact that the market, as this collective view, the Bitcoin is worth whatever it’s worth. I would put Bitcoin in the category of liability-free collateral. Which is similar to gold or another monetary commodity.” – Nic Carter

Topics:

His personal Bitcoin story
Bitcoin metaphysics
The genuine Bitcoin?
Consciousness and persistence
Cash and Bitcoin privacy
The global financial surveillance apparatus created by the US
Crypto-Dollarization and stablecoins
Tether and bitcoin backed stablecoins
Scottish free banking system
Reprivatisation of the issuance of money
Scottish pound
Kraken Financial a chartered bank in Wyoming
Proof-of-Reserves, full reserve bank

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Wondering what a Ponzi scheme is? Somebody told you Bitcoin is a Ponzi scheme? Listen to this episode of “The Context” where I tell the story of Italian born confidence trickster Carlo Ponzi. In 1920 it took him only nine months to defraud thirty thousand investors, who believed in getting rich quick, collecting 20 million USD in total. Ponzi promised 50% return on their investment in three months. His arrest in August 1920 brought down six banks and Ponzi’s investors were practically wiped out. In 1957, the Encyclopedia Britannica – the Wikipedia of it’s time – formally acknowledged that Ponzi’s name had become synonymous with swindle. The “Ponzi scheme” officially had a name. In this podcast episode you will also learn, why Bitcoin is not a Ponzi scheme.
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